Scaling Operations: Linking Strategy and Execution

  • 4.5
Approx. 11 hours to complete

Course Summary

This course teaches the fundamentals of operations strategy, including the role of operations in a firm's overall strategy, the relationship between process and capacity design, and ways to improve operational efficiency.

Key Learning Points

  • Understand the role of operations in a firm's overall strategy
  • Learn to design processes and capacity effectively
  • Improve operational efficiency through quality management and continuous improvement

Related Topics for further study


Learning Outcomes

  • Understand the role of operations in a firm's overall strategy
  • Design processes and capacity effectively
  • Implement quality management and continuous improvement techniques

Prerequisites or good to have knowledge before taking this course

  • Basic knowledge of business operations
  • Familiarity with basic mathematical concepts

Course Difficulty Level

Intermediate

Course Format

  • Online
  • Self-paced

Similar Courses

  • Supply Chain Management
  • Lean Six Sigma Green Belt
  • Project Management

Related Education Paths


Notable People in This Field

  • Michael Porter
  • W. Edwards Deming

Related Books

Description

Over the past several decades, operations strategy has played an increasingly important role in business’ success. In this course, we will equip you with concepts and tools to build operations in a way that not only supports your competitive strategy, but also allows you to create new opportunities in the market place.

Outline

  • The VCAP Framework
  • 1.1 Introduction and Motivation
  • 1.2 Scalability
  • 1.3 Operations Strategy
  • 1.4 Adopting a Resource, Process, and Capability View
  • Syllabus
  • Grading and Logistics
  • Meet Your Professors
  • Recommended Textbook
  • Lecture Slides
  • Glossary
  • The VCAP Framework
  • Value Creation and Operations: The Investor View
  • 2.1 Introduction and Motivation
  • 2.2 Quantifying Value
  • 2.3 Linking ROIC to Operations with a ROIC Tree
  • 2.4 Planning Scalable Growth in the ROIC Tree and Summary
  • Quiz 2 Image Prompt
  • Lecture Slides
  • Glossary
  • Value Creation and Operations: The Investor View
  • Capabilities and Competition: Defensibility and Trade-offs
  • 3.1 Introduction and Motivation
  • 3.2 The Concept of Tradeoff Curves
  • 3.3 Tradeoff Curves to Analyze Competitive Threat
  • 3.4 Example: Sugar and Spice
  • Sugar & Spice Desserts
  • Lecture Slides
  • Glossary
  • Quiz 3
  • Process Strategy: Strategic Sourcing
  • 4.1 Introduction and Motivation
  • 4.2 Forecasting and Modeling Uncertainty
  • 4.3 Tools to Incorporate Uncertainty into Capacity Analysis
  • 4.4 Optimal Capacity Sizing
  • Lecture Slides
  • Glossary
  • Quiz 4
  • Asset Strategy: Capacity Sizing
  • 5.1 Introduction and Motivation
  • 5.2 The Spectrum of Sourcing Relationship
  • 5.3 A Framework for the Outsourcing Decision
  • 5.4 Total Cost of Ownership and Total Landed Cost
  • Lecture Slides
  • Glossary
  • Quiz 5

Summary of User Reviews

The Operations Strategy course on Coursera has received positive reviews from many users. It has been praised for its comprehensive content and practical approach. The course covers important aspects of operations management and provides learners with useful tools and techniques to improve their operations strategy.

Key Aspect Users Liked About This Course

The practical approach of the course was highly appreciated by many users.

Pros from User Reviews

  • Comprehensive content covering various aspects of operations management
  • Practical approach with useful tools and techniques
  • Engaging lectures by knowledgeable instructors
  • Flexible schedule with self-paced learning options
  • Great value for the price

Cons from User Reviews

  • Some users found the course content to be too basic
  • Limited interaction with instructors and other learners
  • Technical issues with the platform at times
  • No certificate of completion for the free version
  • Some users felt that the course could be more challenging
English
Available now
Approx. 11 hours to complete
Gad Allon, Jan A. Van Mieghem
Northwestern University
Coursera

Instructor

Gad Allon

  • 4.5 Raiting
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